WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Affinity Federal Credit Union partners with Green Check to expand Cannabis banking offerings Image Cannabis NewsOctober 19, 2023 Affinity Federal Credit Union has announced its strategic partnership with Green Check, a leading FinTech connector and technology provider in the burgeoning cannabis banking sector. This collaboration aims to extend Affi
Washington continues to inhale money from Idaho thanks to disparate Cannabis policies Image Cannabis NewsOctober 19, 2023 The Washington State Liquor and Cannabis Board recently released data showing how much money was spent statewide on cannabis in fiscal 2023. In fiscal 2023 — July 1, 2022 through June 30, 2023 — roughly $1.26 billion was spent o
‘We own the board’: Court documents detail Michigan Medical Marijuana bribery scandal Image Cannabis NewsOctober 19, 2023 Pot is now legal in Michigan, although lots of laws were broken in issuing the first licenses to sellers and growers. Two additional bad actors were sentenced today in connection with a brazen bribery scandal. The person who adm
Denmark’s Medical Cannabis Pilot Programme has seen 90% growth over the last year Image Cannabis NewsOctober 18, 2023 Denmark’s medical cannabis Pilot Programme has seen patient numbers grow by more than 90% between Q2 2022 and Q2 2023. Recently published data from the Danish Health Data Authority shows that the number of patients taking part in th
Minnesota Funds Missouri Cannabis Firm with $15M for Iron Range Growth Image Cannabis NewsOctober 18, 2023 Minnesota legalized marijuana, now it’s giving a Missouri-based company up to $15M in forgivable loans to grow it on the Iron Range. Legalization advocates ask whether the state financing gives large, out-of-state cannabis businesses a taxpaye
How a failed Cannabis startup led to evictions Image Cannabis NewsOctober 18, 2023 Alistair Monroe can still remember how “barren” the Oakland warehouse looked when he first walked inside. It was 1976, and a then-6-year-old Monroe had no idea why his father would rent a windowless room in a forgotten warehouse on the edge of the city. However, Alis
Ohio Senate President plans to repeal Cannabis Legalization if passed by voters in November Image Cannabis NewsOctober 17, 2023 Legislators have introduced a senate resolution urging Ohio voters to vote “no.” The official voting day for Ohioans is Nov. 7, but early voting has already begun on Oct. 11. This is a significant year for cannabis because
Cannabis legal fight heating up between Jersey City and state officials Image Cannabis NewsOctober 17, 2023 Jersey City officials and police plan to lay out a federal lawsuit Tuesday that aims to block officers from using legal recreational cannabis while off-duty. State law allows the use of marijuana by officers when they’re off duty. Since recre
As more states legalize Cannabis, the market for seeds is in full bloom Image Cannabis NewsOctober 17, 2023 The messy intersection of botany and the law contributes to the murky legal status of seeds used to grow THC-rich cannabis. On 1 August, Minnesota became the latest state to legalize recreational cannabis use. That very same day, residents be
Is Elon Musk the hero the Cannabis Industry needs right now? Image Cannabis NewsOctober 17, 2023 There's still hope for the industry, even if Congress doesn't pass marijuana reform. Earlier this year, there was excitement that the federal government might reschedule marijuana from a Schedule I substance down to Schedule III. It would be a big step
Marijuana Legalization trades taxes for social problems Image Cannabis NewsOctober 16, 2023 Legalized recreational marijuana in a number of states give Pennsylvania some test cases for what to consider in its own debates. A recent paper from the Federal Reserve Bank of Kansas City notes that the tradeoff of legalization might be: more economic grow
Bill to severely cut NYC Cannabis dispensary taxes still awaiting governor’s signature Image Cannabis NewsOctober 16, 2023 To great fanfare, New York State recently allowed cannabis operators to deduct business expenses on their state taxes. The move will likely save Empire State cannabis companies – already operating at a disadvantage due to marij
From high flying to burnout, Canada’s Cannabis industry faces downturn five years post-legalization Image Cannabis NewsOctober 13, 2023 When Abi Roach thinks about the 20 years she spent fighting for Canada to legalize cannabis, she says pot legislation is like a clenched fist. The analogy, which Roach first heard from a former Toronto councillor,
Wyoming advocates adamant on collecting signatures for Ballot Initiatives Image Cannabis NewsOctober 13, 2023 Advocates in Wyoming are looking to collect signatures once again to qualify two medical cannabis bills for the 2024 ballot. Wyoming advocates are more motivated than ever to get a medical cannabis bill on the 2024 ballot, especially becaus
Missouri gave one of few small-business marijuana licenses to a New Jersey company. Why? Image Cannabis NewsOctober 13, 2023 Missouri's Cannabis Equity Program Draws Scrutiny as Out-of-State Businesses Secure Licenses. One of the businesses awarded a license intended to help small and minority-owned businesses break into Missouri’s lucrative mariju
Cannabis Industry ‘Debanking’ Survey Launched Image Cannabis NewsOctober 12, 2023 A survey to understand the scale of UK cannabis industry banking challenges has been launched by the Cannabis Industry Council (CIC). This follows ongoing anecdotal concerns across the industry about accessibility issues for bank accounts and other financial services.
